Stephens Inc. AR Grows Position in Fidelis Insurance Holdings Limited $FIHL

Stephens Inc. AR raised its holdings in Fidelis Insurance Holdings Limited (NYSE:FIHL) by 12.7% in the first quarter, Holdings Channel.com reports. The fund owned 267,329 shares of the company’s stock after buying an additional 30,124 shares during the quarter. Stephens Inc. AR’s holdings in Fidelis Insurance were worth $5,109,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in FIHL. Cooperman Leon G grew its stake in shares of Fidelis Insurance by 14.8% during the 3rd quarter. Cooperman Leon G now owns 6,662,469 shares of the company’s stock worth $120,924,000 after purchasing an additional 856,413 shares during the period. LSV Asset Management lifted its stake in shares of Fidelis Insurance by 46.1% in the fourth quarter. LSV Asset Management now owns 4,377,732 shares of the company’s stock valued at $85,672,000 after purchasing an additional 1,382,352 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Fidelis Insurance by 6.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,787,134 shares of the company’s stock valued at $54,545,000 after purchasing an additional 163,628 shares during the period. Loomis Sayles & Co. L P boosted its holdings in Fidelis Insurance by 2.7% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,288,824 shares of the company’s stock worth $25,222,000 after buying an additional 34,066 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its holdings in Fidelis Insurance by 24.3% during the third quarter. Balyasny Asset Management L.P. now owns 960,663 shares of the company’s stock worth $17,436,000 after buying an additional 187,899 shares in the last quarter. 81.99% of the stock is currently owned by hedge funds and other institutional investors.

Fidelis Insurance Stock Down 3.6%

Shares of NYSE FIHL opened at $24.63 on Wednesday. The firm has a market cap of $2.38 billion, a P/E ratio of 11.14 and a beta of 0.36. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.74 and a current ratio of 0.74. Fidelis Insurance Holdings Limited has a 1 year low of $14.80 and a 1 year high of $21.50. The firm’s 50 day moving average price is $22.63 and its 200 day moving average price is $20.51.

Fidelis Insurance (NYSE:FIHL) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.94 earnings per share for the quarter. The company had revenue of $610.60 million for the quarter. Fidelis Insurance had a return on equity of 8.62% and a net margin of 9.02%. As a group, sell-side analysts anticipate that Fidelis Insurance Holdings Limited will post 3.19 earnings per share for the current year.

Fidelis Insurance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, June 15th. Fidelis Insurance’s dividend payout ratio (DPR) is presently 27.15%.

Wall Street Analysts Forecast Growth

Separately, Barclays increased their target price on shares of Fidelis Insurance from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $21.92.

Fidelis Insurance Company Profile

Fidelis Insurance Holdings Ltd is a Bermuda‐incorporated specialty insurer and reinsurer that underwrites a broad range of liability and property risks. Founded in 2015, the company completed its initial public offering on the New York Stock Exchange in 2016 under the ticker FIHL. Fidelis focuses on providing tailored solutions for complex risks that traditional insurers may find difficult to accommodate, leveraging data analytics and underwriting expertise to structure policies across diverse industry segments.

The company’s product portfolio spans casualty lines—including general liability, excess and umbrella, professional indemnity, and management liability—alongside property, marine, energy and specialty programs.